+Article 1 1
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Article 1 1
1. The six supervisory shock scenarios referred to in Article 98(5), second subparagraph, point (a), of Directive 2013/36/EU shall be the following:
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(a)
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parallel shock up, where there is a parallel upward shift of the yield curve with the same positive interest rate shock for all maturities;
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(b)
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parallel shock down, where there is a parallel downward shift of the yield curve with the same negative interest rate shock for all maturities;
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(c)
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steepener shock, where there is a steepening shift of the yield curve, with negative interest rate shocks for shorter maturities and positive interest rate shocks for longer maturities;
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(d)
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flattener shock, where there is a flattening shift of the yield curve, with positive interest rate shocks for shorter maturities and negative interest rate shocks for longer maturities;
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(e)
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short rates shock up, with larger positive interest rate shocks for shorter maturities to converge with the baseline for longer maturities;
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(f)
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short rates shock down, with larger negative interest rate shocks for shorter maturities to converge with the baseline for longer maturities.
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1. Prezentare generală
1.1 Referințe
1.2 Cerințe identificate
1.3 Standarde asociate
2. Cerințe identificate
3. Standarde asociate
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